Google to Rent Former Mall in Largest Silicon Valley Deal
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Google Inc. agreed to rent a former shopping mall in Mountain View, California, in the largest Silicon Valley lease deal of the year, according to the property’s owners.
The former mall is being renovated into an office complex, with completion scheduled for next year, real estate investment firm Rockwood Capital LLC said today in a statement. Rockwood, which has offices in San Francisco and White Plains, New York, owns the former Mayfield Mall in a venture with San Francisco-based Four Corners Properties. Once the renovation is completed, the campus will have more than 500,000 square feet (46,500 square meters) of office space on 27.6 acres (11.2 hectares).